@techreport{87d2aaf28ae043829bc535e3738d868c,
title = "Employment to Output Elasticities & Reforms towards Flexicurity: Evidence from OECD Countries",
abstract = "How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market policies and allow for their interactions, i.e. the policy mix, to play a role. We find that the effects of any single policy change are shaped by the broader existing policy-mix within which it takes place. Finally, we evaluate the effect of a move to 'flexicurity' on the employment-output elasticity in each country",
keywords = "employment-output elasticity, labour market policy, welfare state, flexicurity",
author = "Holger G{\"o}rg and Cec{\'i}lia Hornok and Catia Montagna and Onwordi, {George Emeka}",
note = "This work was supported by the NORFACE ERA-NET (New Opportunities for Research Funding Agency Cooperation in Europe Network) Welfare State Futures Programme, Grant Number 462-14-120. We thank Nils Braakmann, Sebastian K{\"o}nings, Steve Matusz, Fredrik Sj{\"o}holm, John Sk{\aa}tun, Allan S{\o}rensen and participants of the NORFACE Welfare State Futures Programme {"}Globalisation, Labour Markets and the Welfare State{"} final workshop for their valuable comments.",
year = "2018",
month = nov,
language = "English",
series = "Kiel Working Paper",
publisher = "Kiel Institute for the World Economy",
number = " 2117",
pages = "1--36",
type = "WorkingPaper",
institution = "Kiel Institute for the World Economy",
}